The point 1.106 is expected to be reached soon | 29 April 2015
29 April 2015, EUR/USD
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Euro/Us Dollar pair continues to move along the boundaries of the blue alpha channel. The price is actively moving its ascending target based on the upper line of the blue channel. Bulls evidently dominate on market. The point 1.106 is expected to be reached soon. There is a chance to buy to this level. The pair can either reverse and go down from this resistance level or continue its ascending movement in another alpha channel.
The author's opinion reflects their personal view and is not an investment recommendation. The company is not responsible for any trading results based on the provided analytical data.
